SlideShare a Scribd company logo
1 of 16
Download to read offline
PMI® Project Management
Professional (PMP)® Workshop
PMI, PMP, PMBOK & PMI Talent Triangle are registered marksof
Project Management Institute, Inc.
About Project Management
Professional (PMP)®
2 © 2018 ExcelR Solutions. All RightsReserved
Why PMP®?
 To become a better project manager as the best
practices have been included procured from myriad
project managers across the globe.
 Increases the success rate of your project as you
become more organized.
 Minimizing resource utilization and making a
project cost effective .
 Changes how others look your abilities.
 To keep your job, promoted or get a job.
 Hike in your current salary (Help you to get ahead)
3 © 2018 ExcelR Solutions. All RightsReserved
Exam Eligibility Requirement
Category Eligibility of
Education
Formal
PMP®
training
hours
Hours
leading and
directing
project
One BachelorsDegree or global
equivalent
35Contact
Hours
4,500 hours
Two High school diploma,
associatedegreeor global
equivalent
35Contact
Hours
7,500 hours
 After paying the examination fee online, PMI® will send an authorizationletter
 Exam must be taken within one year of receiving the authorizationletter
 PMI may randomly choose to send your application for auditing
 You need to contact a prometric center to schedule a date for the exam
4 © 2018 ExcelR Solutions. All RightsReserved
Examination Pattern
Total 4 Hours duration
Out of 200, 25 are considered as pre-test questions (zero
marks) and only 175 are scored for the exam result
Grading system is followed to arrive at the result Pass or Fail.
Result is based on the individual grades on each processgroup.
Grades are
 Below proficient
 Proficient
 Moderately Proficient
 There is no negative marking.
5 © 2018 ExcelR Solutions. All RightsReserved
Distribution of Q’s across Process Groups
Process Group Percentage of Questions
Initiating 13
Planning 24
Executing 31
Monitoring & Controlling 25
Closing 7
Note: This % of distribution might vary as required by PMI®.
6 © 2018 ExcelR Solutions. All RightsReserved
Introduction to Project Management
7 © 2018 ExcelR Solutions. All RightsReserved
What is a Project?
 What is a Project?
 A project is a temporary endeavour undertaken to create a unique
product, service or result
 Projects drive change, enable business value creation and have an
initiation context
 A project can create:
A product that can be either a component of another item or an end
item in itself,
A capability to perform a serviceor,
A result such as an outcome or document.
8
© 2018 ExcelR Solutions. All Rights Reserved
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)
- Sixth Edition, Project Management Institute, Inc., 2017, Page 4-6
Programs & Portfolio
Project Management exists in a broader context governedby:
 Program Management
 Portfolio Management
 Organizational project management (OPM) and strategies
Program Management:
It is a group of related projects managed in a coordinated way to obtain
benefits and control not available from managing them individually. It focuses
on project interdependencies and optimal approach for managingthem.
Programs and projects deliver results
For example,
New aircraft manufacturing program has multiple related projects. Project A –
manufacture cockpit; Project B – manufacture fuselage; Project C –
manufacture turbine engine etc.
9
© 2018 ExcelR Solutions. All Rights Reserved
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)
- Sixth Edition, Project Management Institute, Inc., 2017, Page 14
Programs & Portfolio
 Portfolio Management:
It refers to a collection of projects or programs (may not be necessarily
related or interdependent) and other work that are grouped together to
facilitate effective management of that work to meet strategic business
objectives.
Portfolios make value decisions
For example,
Aircraft manufacturer may have business lines such as domestic aircraft
manufacturing, international aircraft manufacturing, warfare aircraft
manufacturing etc.
 Note: Organizational Project Management (OPM) - Integrates project,
program and portfolio management with organizational enablers to achieve
strategic objectives. In other words, do the right projects and allocate of
resources for them
10
© 2018 ExcelR Solutions. All Rights Reserved
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide)
- Sixth Edition, Project Management Institute, Inc., 2017, Page 15 -16
What is Project Management?
 It is the application of knowledge, skills, tools and techniques to project
activities,
 Using the 49 processes and 5 process groups i.e. Initiating, Planning,
Executing, Monitoring & Controlling and Closing with appropriate
application and integration, project management can be accomplished.
11 © 2018 ExcelR Solutions. All RightsReserved
Project Constraints
Scope
Quality
Schedule
Budget
Resources
Risk
12 © 2018 ExcelR Solutions. All RightsReserved
Project Vs Operations
 Operations are an organizational function performing the ongoing execution
of activities that produce the same product or provide a repetitiveservice
Value is realized in operations
Examples: Manufacturing, Production operations etc…
 Though temporary in nature Projects can help achieve the organization goals
when they are aligned with the organization’s strategy.
13 © 2018 ExcelR Solutions. All RightsReserved
Project Life Cycle
Project life cycle - A collection of sequentially (typical – and sometimes
overlapping) project phases determined by management and needs of the
organization
Phase – A number of relatedactivities
resulting in deliverable(s)
Types of project life cycle:
 Predictive
 Adaptive (Agile)
Characteristics of the project life cycle:
 Starting the project
 Organizing and preparing
 Carrying out project work
 Closing the project
14 © 2018 ExcelR Solutions. All Rights Reserved
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) -
Sixth Edition, Project Management Institute, Inc., 2017, Page 18,19 & Fig 1-2 Page 548
Development Life Cycle & Phase Gate
15 © 2018 ExcelR Solutions. All Rights Reserved
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) -
Sixth Edition, Project Management Institute, Inc., 2017, Page 19,21
Development life cycles – Those phases of the project lifecycle where product
development happens
Types of development life cycle
 Predictive (waterfall)
 Iterative
 Incremental
 Adaptive (Agile)
 Hybrid (mix of predictive and adaptive)
Phase gate – Aphase-end review with a decision to
 Continue to next phase as is or with modification
 Remain in the same phase or repeat some of the phase work
 End the project
www.excelr.com
enquiry@excelr.com
Toll FREE : 1800-212-2120 (India)
0044-203-514-6638 (UK)
006-128-520-3240 (Australia)
001-844-392-3571 (USA)
+2348181496946 (Nigeria)
THANK YOU
CONTACT US

More Related Content

Recently uploaded

microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...Sapna Thakur
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...PsychoTech Services
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhikauryashika82
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
General AI for Medical Educators April 2024
General AI for Medical Educators April 2024General AI for Medical Educators April 2024
General AI for Medical Educators April 2024Janet Corral
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 

Recently uploaded (20)

microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
IGNOU MSCCFT and PGDCFT Exam Question Pattern: MCFT003 Counselling and Family...
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
General AI for Medical Educators April 2024
General AI for Medical Educators April 2024General AI for Medical Educators April 2024
General AI for Medical Educators April 2024
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

pmp certification institutes in Hyderabad

  • 1. PMI® Project Management Professional (PMP)® Workshop PMI, PMP, PMBOK & PMI Talent Triangle are registered marksof Project Management Institute, Inc.
  • 2. About Project Management Professional (PMP)® 2 © 2018 ExcelR Solutions. All RightsReserved
  • 3. Why PMP®?  To become a better project manager as the best practices have been included procured from myriad project managers across the globe.  Increases the success rate of your project as you become more organized.  Minimizing resource utilization and making a project cost effective .  Changes how others look your abilities.  To keep your job, promoted or get a job.  Hike in your current salary (Help you to get ahead) 3 © 2018 ExcelR Solutions. All RightsReserved
  • 4. Exam Eligibility Requirement Category Eligibility of Education Formal PMP® training hours Hours leading and directing project One BachelorsDegree or global equivalent 35Contact Hours 4,500 hours Two High school diploma, associatedegreeor global equivalent 35Contact Hours 7,500 hours  After paying the examination fee online, PMI® will send an authorizationletter  Exam must be taken within one year of receiving the authorizationletter  PMI may randomly choose to send your application for auditing  You need to contact a prometric center to schedule a date for the exam 4 © 2018 ExcelR Solutions. All RightsReserved
  • 5. Examination Pattern Total 4 Hours duration Out of 200, 25 are considered as pre-test questions (zero marks) and only 175 are scored for the exam result Grading system is followed to arrive at the result Pass or Fail. Result is based on the individual grades on each processgroup. Grades are  Below proficient  Proficient  Moderately Proficient  There is no negative marking. 5 © 2018 ExcelR Solutions. All RightsReserved
  • 6. Distribution of Q’s across Process Groups Process Group Percentage of Questions Initiating 13 Planning 24 Executing 31 Monitoring & Controlling 25 Closing 7 Note: This % of distribution might vary as required by PMI®. 6 © 2018 ExcelR Solutions. All RightsReserved
  • 7. Introduction to Project Management 7 © 2018 ExcelR Solutions. All RightsReserved
  • 8. What is a Project?  What is a Project?  A project is a temporary endeavour undertaken to create a unique product, service or result  Projects drive change, enable business value creation and have an initiation context  A project can create: A product that can be either a component of another item or an end item in itself, A capability to perform a serviceor, A result such as an outcome or document. 8 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Page 4-6
  • 9. Programs & Portfolio Project Management exists in a broader context governedby:  Program Management  Portfolio Management  Organizational project management (OPM) and strategies Program Management: It is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. It focuses on project interdependencies and optimal approach for managingthem. Programs and projects deliver results For example, New aircraft manufacturing program has multiple related projects. Project A – manufacture cockpit; Project B – manufacture fuselage; Project C – manufacture turbine engine etc. 9 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Page 14
  • 10. Programs & Portfolio  Portfolio Management: It refers to a collection of projects or programs (may not be necessarily related or interdependent) and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. Portfolios make value decisions For example, Aircraft manufacturer may have business lines such as domestic aircraft manufacturing, international aircraft manufacturing, warfare aircraft manufacturing etc.  Note: Organizational Project Management (OPM) - Integrates project, program and portfolio management with organizational enablers to achieve strategic objectives. In other words, do the right projects and allocate of resources for them 10 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Page 15 -16
  • 11. What is Project Management?  It is the application of knowledge, skills, tools and techniques to project activities,  Using the 49 processes and 5 process groups i.e. Initiating, Planning, Executing, Monitoring & Controlling and Closing with appropriate application and integration, project management can be accomplished. 11 © 2018 ExcelR Solutions. All RightsReserved
  • 13. Project Vs Operations  Operations are an organizational function performing the ongoing execution of activities that produce the same product or provide a repetitiveservice Value is realized in operations Examples: Manufacturing, Production operations etc…  Though temporary in nature Projects can help achieve the organization goals when they are aligned with the organization’s strategy. 13 © 2018 ExcelR Solutions. All RightsReserved
  • 14. Project Life Cycle Project life cycle - A collection of sequentially (typical – and sometimes overlapping) project phases determined by management and needs of the organization Phase – A number of relatedactivities resulting in deliverable(s) Types of project life cycle:  Predictive  Adaptive (Agile) Characteristics of the project life cycle:  Starting the project  Organizing and preparing  Carrying out project work  Closing the project 14 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Page 18,19 & Fig 1-2 Page 548
  • 15. Development Life Cycle & Phase Gate 15 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute, Inc., 2017, Page 19,21 Development life cycles – Those phases of the project lifecycle where product development happens Types of development life cycle  Predictive (waterfall)  Iterative  Incremental  Adaptive (Agile)  Hybrid (mix of predictive and adaptive) Phase gate – Aphase-end review with a decision to  Continue to next phase as is or with modification  Remain in the same phase or repeat some of the phase work  End the project
  • 16. www.excelr.com enquiry@excelr.com Toll FREE : 1800-212-2120 (India) 0044-203-514-6638 (UK) 006-128-520-3240 (Australia) 001-844-392-3571 (USA) +2348181496946 (Nigeria) THANK YOU CONTACT US